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Jahm Najafi on global sports investment trends

In this week's episode, podcast co-hosts Eric Fisher and Chris Russo interview Jahm Najafi, chief executive of The Najafi Companies and vice chairman of the National Basketball Association's Phoenix Suns. Eric and Chris also discuss the recent deal in which venerable trading card entity The Topps Co. will become a public company, the continued growth of non-fungible tokens (NFTs), New York state enacting mobile sports betting, and the emergence of Genius Sports following its landmark agreement to acquire National Football League data rights.

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Andrew Georgiou, president of Discovery-owned broadcaster Eurosport, tells Adam Nelson about the company's investment in the FIA Electric GT Championship series and describes how the launch of Discovery+ earlier this year has given the company a platform to "connect all the different stories we're telling."

In this week's episode, podcast co-hosts Eric Fisher and Chris Russo interview Patrick Keane, chief executive of the Action Network, which just completed a major deal in which it will be acquired by Danish sports betting media group Better Collective. Eric and Chris also discuss Verizon’s deal to sell its digital media assets to Apollo Global Management, Genius Sports’ furious run of dealmaking that includes a $200m agreement to acquire data tracking and visualization company Second Spectrum, new Covid-19 protocols in New York state that allow normal seating at outdoor stadiums for vaccinated fans, and recent turmoil surrounding the National Hockey League’s New York Rangers.

Facing rising pressures both financially and from distributors, Sinclair Broadcast Group is accelerating its efforts to introduce a direct-to-consumer offering early next year for its regional sports content. US Editor Eric Fisher reports.

Sports media industry leaders shared their insights on their own businesses and broader trends at the recent APOS 2021, the Asia-Pacific media industry summit.